H&M

H&M signs new £859m credit facility to strengthen liquidity amid Covid-19

Swedish clothing retailer H&M has revealed it has signed a new €980m (£859m) revolving credit facility as it looks to…

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H&M sales increase despite being ‘negatively impacted’ by Covid-19

Fashion retailer H&M has reported a rise in sales in its first-quarter results, despite being “negatively impacted” by the outbreak…

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H&M launches global supply chain initiative

H&M announced it will be launching a new initiative to provide other retailers access to its global supply chain, in…

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H&M to shutter Stoke-on-Trent warehouse placing 500 jobs at risk

H&M is reportedly set to close its warehouse in Stoke-on-Trent with plans to relocate its distribution to a new site.…

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Former H&M US president joins Forever 21 as its new CEO

Authentic Brands Group (ABG) has appointed former H&M US president Daniel Kulle as the new CEO of Forever 21. ABG…

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H&M sales rise in Q4

Fashion retailer H&M has reported a 9% increase in net sales to SEK61,704m (£4.98m) for the three months to 30…

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H&M Q3 profits spike 25%

H&M has reported a 25% spike in net profits during Q3, which it attributed to “continued development of more full-price…

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H&M battles with landlords over rents

Fashion retailer H&M is battling with landlords over rent reductions, which could potentially see property owners bear the cost of…

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H&M sales jump 11% in Q2 results

Fashion retailer H&M has reported an 11% increase in net sales to 57.4bn in Swedish kroner (£4.8bn) in its Q2…

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H&M to scrap Cheap Monday brand leaving 80 jobs affected

H&M has announced it is to close down its Cheap Monday brand blaming “a negative trend in the Cheap Monday’s…

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